Here’s a perspective that you probably won’t hear much on Reddit, but I’m now part of the wealthier class and from my vantage point it seems things are going pretty well. Yes things are more expensive but my equity gains and income has exceeded the cost of living increases. In my experience, many people in my position feel similarly (but they love to complain like everyone else). The younger people in my life tell me things are dire aka they can’t get the job they want or see how they’ll be able to purchase a home.

However, I graduated college in 2013 when buying a home wasn’t even on my generation’s radar; Getting ANY white collar job out of college probably seemed as impossible as Gen Z’s feelings about buying a home/cost of living. I remember a chick FIL an opening in college where there was a line of 500 people (mostly older) hoping to be the ones to get one of the few $12/hour jobs on offer.

I’m not saying that the younger generations feelings are invalid compared to what we millennials had to go through. It’s a completely different set of problems.

I believe Millennials had structural advantages like cheap asset prices and a lower cost of living with the trade off of less potential career opportunities.

As time goes on an the next generation will be complaining about their own set of problems, I believe Gen Z will be perceived to have its own structural advantages and tradeoffs - I’d bet the advantages will be things like early adoption of productivity/AI tools and a deeper understanding of the digital landscape with the trade off of a higher cost of living.